Ahead of RH (RH) Q1 Earnings: Wall Street Estimates for Key Metrics

Analysts are predicting that RH (RH) will report a quarterly loss of $0.08 per share in its upcoming earnings release, marking a 103.6% drop from the previous year. Revenue is expected to reach $724.67 million, down 2% from the same quarter in the prior year. The consensus EPS estimate has been revised down by 2.5% over the last month.

Before a company announces its earnings, changes in earnings estimates are crucial for predicting investor reactions. Research has shown a strong correlation between earnings estimate revisions and short-term stock performance. While investors typically rely on consensus estimates, analyzing key metrics can provide a more comprehensive view.

Analysts are projecting that the number of RH’s Total Galleries will be 70, up from 67 last year. Waterworks Showrooms are expected to reach 14, in line with the previous year. Total leased selling square footage is estimated to be 1,434.45 Ksq ft, compared to 1,279 Ksq ft last year. RH’s Design Galleries are forecasted to be 31, up from 27. Baby & Child and Teen Galleries are expected to remain at 3. Stores Count is projected to be 85, up from 81. Legacy Galleries are estimated to be 36, the same as last year. Outlets are expected to reach 42, up from 39.

RH’s stock has seen a -7.7% return in the past month, underperforming the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), RH may continue to lag behind the market. For more stock recommendations, you can download the latest report from Zacks Investment Research.

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